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FCCPC warns businesses, threatens penalties for price manipulation
FCCPC warns businesses, threatens penalties for price manipulation
The Federal Competition and Consumer Protection Commission (FCCPC) has issued a stern warning on Friday, urging businesses in the food chain sector to cease any practices that manipulate or inflate food prices.
Acting CEO Adamu Abdullahi announced that the commission was actively monitoring the sector and will not hesitate to take legal action against violators.
Reasons for the Warning:
Abdullahi stated that the FCCPC’s surveillance efforts have uncovered concerning activities within the food chain, including:
Conspiracy and price gouging: Participants were accused of colluding to artificially inflate prices, taking advantage of consumer anxiety and vulnerability.
Hoarding: Businesses were allegedly restricting the supply of food to further manipulate prices.
Unfair tactics: The commission identified other strategies used to distort competition and exploit consumers.
The statement reads, “The Commission’s priority remains to address key consumer protection and competition issues in the Food chain sector.
“The Commission’s surveillance efforts suggest participants in the food chain and distribution sector including at the retail level are engaging in conspiracy, price gouging, hoarding and other unfair tactics/ strategies to restrict the supply of food, manipulate and inflate the price of food in an indiscriminate manner; this conduct violates both moral and legal codes.
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“Taking advantage of consumer anxiety and vulnerability to inflate prices, and restrict or distort competition, is obnoxious, unscrupulous, exploitative and illegal.
“Furthermore, the use of undue influence, imbalance in negotiating power, unfair tact and similar conduct in the marketing and supply of goods and services is contrary to Sections 17 and 124 of the FCCPA., and will be penalised under law.
“Any business participating in activities contributing to price gouging in the food chain sector is hereby warned to desist forthwith or face the full force of the law. The Commission will not tolerate actions compromising the integrity of the food chain sector, and legal consequences will be swift and severe.”
Legal Implications:
These activities, according to Abdullahi, violate both moral and legal codes. He explicitly mentioned Sections 17 and 124 of the Federal Competition and Consumer Protection Act (FCCPA), which address unfair market practices and abuse of dominant positions. Businesses engaging in such activities face:
Penalties: The FCCPC has the authority to impose fines for violations of the FCCPA.
Legal consequences: Abdullahi warned that legal action, including prosecution, could be taken against violators.
FCCPC’s Commitment:
The FCCPC emphasized its commitment to protecting consumers and ensuring fair competition within the food chain sector.
Abdullahi reiterated that the commission will not tolerate actions that compromise the integrity of the sector and urged businesses to comply with the law.
FCCPC warns businesses, threatens penalties for price manipulation
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MURIC Demands Sack of INEC Chairman Over Alleged Bias, Calls for Replacement
MURIC Demands Sack of INEC Chairman Over Alleged Bias, Calls for Replacement
The Muslim Rights Concern (MURIC) has called for the immediate removal of the Chairman of the Independent National Electoral Commission (INEC), Professor Joash Amupitan, describing him as a threat to religious harmony in Nigeria.
In a press release issued on April 6, 2026, and signed by its Executive Director, Professor Ishaq Akintola, the group accused the INEC chairman of authoring what it described as a “toxic 80-page legal brief,” allegedly used by the United States of America to indict Nigeria over claims of Christian genocide.
MURIC expressed dissatisfaction with what it termed the “graveyard silence” of the Federal Government over calls from Islamic organisations for Amupitan’s removal. According to the group, the government’s inaction reflects a lack of sensitivity to the concerns of the Muslim community.
The organisation further alleged that Amupitan’s continued leadership poses a risk to the credibility of Nigeria’s electoral system, claiming that a planned voter registration or revalidation exercise could disenfranchise Muslim voters.
“MURIC hereby declares a vote of no confidence in the current INEC boss,” the statement read, urging the Federal Government to replace him with what it described as a “tolerant Christian” to restore confidence and balance.
The group also accused the INEC chairman of failing to address the allegations against him, noting that his silence has raised concerns among observers. It argued that public officials in other countries often resign over similar controversies, citing examples of past resignations by international political figures.
MURIC warned that Nigeria’s progress could be hindered if individuals accused of misconduct remain in sensitive public offices, stressing that Amupitan’s continued stay in office represents what it called a “sit-tight syndrome.”
Describing the INEC chairman as an “electoral burden” and a “threat to religious harmony,” the group insisted that his resignation or removal is necessary to safeguard national unity and the integrity of the electoral process.
As of the time of filing this report, neither INEC nor the Federal Government had issued an official response to the allegations.
MURIC Demands Sack of INEC Chairman Over Alleged Bias, Calls for Replacement
News
Tinubu Commissions Gateway Airport, Pledges to Crush Banditry in Nigeria
Tinubu Commissions Gateway Airport, Pledges to Crush Banditry in Nigeria
President Bola Tinubu has pledged to defeat banditry, terrorism, and insecurity across Nigeria, promising continued investment in the country’s security architecture. He made the declaration while commissioning the Gateway International Airport and several other federal projects in Ogun State on Saturday.
Speaking at a reception following the inauguration, Tinubu said his administration will intensify efforts to protect lives and property across the nation. “We will win over banditry and defeat insecurity. We will continue to invest more to strengthen the security architecture of Nigeria,” he stated, emphasizing the government’s commitment to national safety.
The president described the Gateway International Airport as the economic nerve center of Nigeria’s corridor, highlighting its role in boosting the aviation sector, trade, and socioeconomic development in Ogun State and the wider region. The airport is integrated with independent gas and energy infrastructure, ensuring sustainability and operational efficiency.
Tinubu also lauded Governor Dapo Abiodun for using improved federal allocations to develop infrastructure capable of driving Ogun State to greater economic heights. He praised the state government’s focus on mobility, security, agriculture, and industrial development, noting that projects like the airport and new Gateway Airlines will enhance trade, logistics, and employment opportunities.
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Governor Abiodun, in his remarks, emphasized the transformative impact of the airport and related infrastructure on Ogun State’s economy. He noted that the state’s internally generated revenue has grown from ₦40 billion to over ₦250 billion annually, while its GDP increased from ₦4 trillion to ₦17 trillion over the past seven years. He added that the airport features a four-kilometre runway, modern control tower, advanced aviation systems, and cargo facilities, making it a centerpiece of the state’s emerging aerotropolis.
The ceremony also saw the launch of Gateway Airlines, operating Bombardier CRJ900 aircraft, alongside cargo services designed to expand trade and logistics capacity. Beyond aviation, Ogun State has invested heavily in roads, healthcare, and housing, including over 1,600 km of rehabilitated roads, more than 7,000 affordable homes, and 140 primary healthcare centers, according to Governor Abiodun.
The event was attended by prominent dignitaries including Senate President Godswill Akpabio, former President Olusegun Obasanjo, state governors, lawmakers, captains of industry, and traditional leaders. Both praised the collaboration between federal and state governments in delivering critical infrastructure, with Tinubu’s leadership highlighted as key to Nigeria’s development and security progress.
Tinubu emphasized that the federal government’s reforms and infrastructure investments are people-centered, aimed at improving daily life, fostering prosperity, and ensuring national security. He added that these efforts are designed to overcome violence and terrorism while positioning Nigeria for sustained economic growth.
Tinubu Commissions Gateway Airport, Pledges to Crush Banditry in Nigeria
News
Mother, Six Children Kidnapped in Fresh Kaduna Bandit Attack
Mother, Six Children Kidnapped in Fresh Kaduna Bandit Attack
In a fresh wave of banditry in Kaduna State, a mother and six children were abducted from their home in Kurmin‑Uwa near Janjala community in Kagarko Local Government Area on Friday night. The attack comes less than 24 hours after suspected bandits kidnapped ten residents, including seven members of a single family, in Unguwar Sabon‑Titi, Katari.
According to residents, the raid occurred around 10:23 p.m., with the assailants going directly to the targeted house before whisking away the victims, identified as Ladi Malachy, Patience Malachy, Promise Malachy, Inama Malachy, Peter Malachy, and Aboyi Malachy. Witnesses said the attackers fled into surrounding forests, leaving the community in fear.
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A local resident, Ibrahim Shehu, confirmed the abduction, while a community leader, speaking on condition of anonymity, revealed he alerted security operatives immediately after learning about the raid. However, it remains unclear whether authorities responded promptly. Kurmin‑Uwa is located about two kilometres from Kagarko town, an area that has seen repeated bandit attacks on households.
Security sources indicate that search and rescue operations have been launched, as authorities work to locate the kidnappers and secure the release of the abducted family. Meanwhile, the Kaduna State Police Command has yet to issue an official statement regarding the incident.
The back‑to‑back kidnappings have heightened tension in rural Kaduna communities, with residents calling for intensified patrols, improved security presence, and faster emergency response to prevent further abductions. Analysts warn that without swift action, such violent raids may continue to terrorise villages across the state.
Mother, Six Children Kidnapped in Fresh Kaduna Bandit Attack
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